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AWAIT GOOD BULLISH CONFIRMATION.

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AWAIT A LITTLE BULLISH CANDLE ABOVE THE RED SUPPORT.

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AWAIT BEARISH CONFIRMATION.

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The best method to identify a classic " price action reversal" is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close.

Billion_Pips Updated 

From the 20th of March, we followed an Elliot wave formation which began at price 111.599 gave us the first wave on the 21st of March...which pulled the price upward to give us the second wave at price 110.946 and the bears emerge to take price more deep as the first wave, to prior support( price:-109.749 roughly) as wave 3. The bulls entered back with a...

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......at point " W '' We see A flat correction...with a zigzag movement at point " X "... do we actually see a triangle push up at point " Y " ? PAY a close look for new highs at 0.95777 Triple three...W, X, Y.

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In the 1 hour chart: -The price moved to Fibonacci 0.618 to form a wave 1 -The wave 1 retraces back to Fib. 0.786 to give us the wave 2 formation -The price rallied to Fib. 0(which is price 112.086) to form the wave 3. - The price move sideways to form an extended fourth wave(wave 4); which finds support at Fib. 0.786. Just as wave 2 gave us a sharp movement we...

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In this currency pair we expecting price to go bullish; in the 15min chart the price has formed an inverse head and shoulder formation. The first support of price is at 110.952, the price later break the support at 110.794 and later finds support at 110.050. Since price fail to fall to previous support of 110.952 it signals buyers are in control,we see price...

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We expect price to fall back to support( 2nd low ) before aiming resistance.

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CUP AND HANDLE FORMATION WE SEE PRICE MOVING BETWEEN PRICE :1.60816 AND 1.59611 BEFORE GOING BULLISH TO PRICE :1.63314 RESISTANCE.

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Price finds support at FIB. 61.8, The chart forms a concave pattern at that support, we expecting market to consolidate at FIB. 38.2 to form a cup and handle formation before moving green(bullishly). Target 1.63610